Forex Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
Kazakhstan Tenge/US Dollar (FOREX:KZTUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KZTUSD
The long term trend has been DOWN since Apr 12th, 2018 at 0.003085
The intermediate term trend has been UP since Nov 25th, 2018 at 0.002725
The short term trend has been DOWN since Dec 11th, 2018 at 0.002687
Smart Scan Analysis for KZTUSD
Based on a pre-defined weighted trend formula for chart analysis, KZTUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).